Nvidia Upgraded to Buy, $279 Target Set

Wall Street Zen has upgraded Nvidia to Buy, aligning with a Strong Buy consensus from 32 analysts and setting a 12-month price target of $279.44, implying over 30 percent upside from current levels near $208 to $215. The upgrade follows a sharp recovery from April lows near $88 driven by Iran war fears and China export control concerns. Key positives include Blackwell GPU demand outpacing supply through at least mid-2026, a narrower-than-feared H20 export restriction outcome, and projected return on equity of 207 percent over three years. Nvidia also holds equity stakes worth roughly $4.5 billion in neocloud firms CoreWeave and Nebius, adding financial exposure to AI infrastructure growth.